Stewart & Stevenson Announces Dividend
December 07 2005 - 10:13AM
PR Newswire (US)
HOUSTON, Dec. 7 /PRNewswire-FirstCall/ -- Stewart & Stevenson
Services, Inc. (NYSE:SVC) announced today that its Board of
Directors declared a quarterly cash dividend of $.085 a share
payable on February 10, 2006 to shareholders of record on January
31, 2006. Stewart & Stevenson Services, Inc., founded in 1902,
is a billion-dollar company that manufactures, distributes, and
provides service for a wide range of industrial products and
diesel-powered equipment to key industries worldwide, including
power generation, defense, marine, petroleum and transportation.
For more information on Stewart & Stevenson visit
http://www.ssss.com/ . This press release contains forward-looking
statements that are based on management's current expectations,
estimates, and projections. These statements are not guarantees of
future performance and involve a number of risks, uncertainties and
assumptions and are made pursuant to the Safe Harbor Provisions of
the Private Securities Litigation Reform Act of 1995. Many factors,
including those discussed more fully elsewhere in this release and
in the Company's filings with the Securities and Exchange
Commission, particularly its latest annual report on Form 10-K, as
well as others, could cause results to differ materially from those
stated. These factors include, but are not limited to, risks of
dependence on government and failure to obtain new government
contracts, inherent risks of government contracts, risks of supply
interruptions to Tactical Vehicle Systems segment, risks associated
with Distributed Energy Solutions segment, risks of fixed-price
contracts, risks as to rising steel prices, risks as to cost
controls, risks of general economic conditions, risks of oil and
gas industry economic conditions, risks as to distributorships,
risks as to licenses, risk of competition, risks relating to
technology, risks as to terrorist attacks on the U.S. and their
impact on the U.S. economy, risks relating to personnel, risks of
claims and litigation, risks of product defects, risks as to
foreign sales and global trade matters, risks as to acquisitions
and restructuring activities, risks as to currency fluctuations,
risks as to environmental and safety matters, and credit risks all
as more specifically outlined in the Company's latest annual report
on Form 10-K. In addition, such forward-looking statements could be
affected by general industry and market conditions and growth
rates, general domestic and international conditions including
interest rates, inflation and currency exchange rates and other
future factors. Actual outcomes and results may differ materially
from what is expressed or forecasted in such forward- looking
statements. DATASOURCE: Stewart & Stevenson Services, Inc.
CONTACT: John Simmons, V.P., CFO of Stewart & Stevenson
Services, Inc., +1-713-868-7700 Web site: http://www.ssss.com/
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